Valley National Bancorp (NAS:VLY)
$ 10.05 -0.47 (-4.47%) Market Cap: 5.12 Bil Enterprise Value: 8.22 Bil PE Ratio: 16.21 PB Ratio: 0.77 GF Score: 70/100
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Q1 2023 Valley National Bancorp Earnings Call Transcript

Apr 27, 2023 / 03:00PM GMT
Release Date Price: $8.91 (+3.85%)
Operator

Good day, and thank you for standing by. Welcome to the Valley National Bancorp Q1 2023 Earnings Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Travis Lan, Head of Investor Relations. Travis, the floor is yours.

Travis P. Lan
Valley National Bancorp - Head of IR

Good morning, and welcome to Valley's First Quarter 2023 Earnings Conference Call. Presenting on behalf of Valley today are CEO, Ira Robbins; President, Tom Iadanza; and Chief Financial Officer, Mike Hagedorn.

Before we begin, I would like to make everyone aware that our quarterly earnings release and supporting documents can be found on our company website at valley.com. When discussing our results, we refer to non-GAAP measures, which exclude certain items from reported results. Please refer to today's earnings release for reconciliations of these non-GAAP measures.

Additionally, I would like to highlight Slide 2 of our earnings presentation and remind you that

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